Wellspring INC

Tax-deductible

Hull, MA501(c)(3)Since 1987Human ServicesEIN 04-2969215Revenue $3.4M in FY2025

On file with the IRSwellspringmultiservice.org814 Nantasket Ave, 02045-1533 · Hull, MATax-exempt since Dec 1988Publicly supported charity — 170(b)(1)(A)(vi)

Tell your story. Claim this org

Multi-service agency providing many direct social services: education, community outreach, case management, counseling, transportation, crisis intervention, food programs, thrift shops, etc.

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
Run by 120 volunteers and 56 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $428K a year · 17% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$262K
to officers and key staff · 10% of spending
Top officer’s pay higher than 75% of similar orgs
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $925K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$3.0M
38% of total assets
Looks good: liabilities are 38% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.4M
+63% vs prior year
Spent
$2.6M
To programs
81%
Net assets
$4.8M
By yearFY2021–FY2025
Revenue
$3.4M
FY2025▲ +63%
Tap a bar for its year
Revenue by fiscal year
FY2021$2.0M
FY2022$2.1M
FY2023$2.7M
FY2024$2.1M
FY2025$3.4M
Expenses
$2.6M
FY2025▲ +7%
Tap a bar for its year
Expenses by fiscal year
FY2021$1.4M
FY2022$1.6M
FY2023$2.1M
FY2024$2.4M
FY2025$2.6M
Net assets
$4.8M
FY2025▲ +23%
Tap a bar for its year
Net assets by fiscal year
FY2021$2.5M
FY2022$3.0M
FY2023$4.1M
FY2024$3.9M
FY2025$4.8M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1988.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $2.1M Management & general 5% · $138K Fundraising 13% · $345K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to fix it

Who runs it and what they're paid

15 people listed on the 990; $262K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President/CEO
$155,942Pt VII · Sec A
VP Program Development
$105,717Pt VII · Sec A
$0Pt VII · Sec A
Immediate Past Chair/Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice-Chair/Director
$0Pt VII · Sec A
Secretary/Clerk/Director
$0Pt VII · Sec A

Vincent Harte’s $156K as President/CEO is at the 75th percentile of top reported officer pay among 3868 $1–10M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Vincent Harte$155,942$150,739$142,673$141,483$133,225
Patricia Martin$105,717————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Wellspring INC executive salaries →

On this list? Claim this org

Something off? Claim to fix it

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers education, outreach, counseling, and essential services like food and transportation to communities.

Questions for Wellspring INC

Tap to ask. Wellspring INC sees how many people are interested.

Your first name shows with your question. Wellspring INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $2.1M · in their own filed words · FY2024
01

Client services & case management; counseling, including domestic violence intervention and other crisis issues; food pantry; holiday meals & gifts; community outreach and social service referral; all at no charge.

$1.3Mprogram expense
02

Thrift shop selling donated clothing, books, toys, furniture & household items at low cost to the public. All merchandise is received as donations.

$472Kprogram expense
03

Adult learning programs for all ages, free to the public; adult literacy; GED/HI-SET, diploma programs, programs for young adults with learning disabilities, young mothers and other students in the age range of 16-22; english for speakers of other languages (esol).

$319Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 5 funders →
Grants paid · 6 grants · $184K · 2020–2024
Unitemized GrantFY2024$34,442
Unitemized GrantFY2023$34,518
Unitemized GrantFY2022$40,815
Unitemized GrantFY2021$42,174
Unitemized GrantFY2020$18,041
Unitemized GrantFY2020$14,326

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$3.4M
Ln 12
Gifts and grantsLn 1h$3.3M
Fees for servicesLn 2g$57K
Investment incomeLn 3$44K
Money outPt IX
$2.6M
Ln 25
Programscol B$2.1M
Managementcol C$138K
Fundraisingcol D$345K
Owns and owesPt X
$4.8M
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$7.8M
LiabilitiesLn 26$3.0M
PeoplePt VI, VII
15
listed · VII A
PaidVII A2
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.3M
Government grantsLn 1e$116K
Noncash giftsLn 1g$493K
Fundraising eventsLn 1c$99K
Fees for servicesLn 2g$57K
Investment incomeLn 3$44K
Gains on assetsLn 7−$447
Total revenueLn 12$3.4M
Assets in detailPt X, end of year
CashLn 1$350
SavingsLn 2$1.1M
Cash and savings togetherLn 1–2$1.1M
InvestmentsLn 11–13$1.4M
Land, buildings, equipmentLn 10c$4.7M
Other assetsLn 15$25K
Total assetsLn 16$7.8M
LiabilitiesLn 26$3.0M
Net assetsLn 32$4.8M
OperationsPt I, VI
EmployeesI 556
VolunteersI 6120
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$777K$1.1M
InvestmentsLn 11–13$1.3M$1.4M
Land, buildings, equipmentLn 10c$1.5M$4.7M
Total assetsLn 16$4.1M$7.8M
LiabilitiesLn 26$122K$3.0M
Net assetsLn 32$3.9M$4.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$206K$206K
Pay of current officers, directors and key staffLn 5$170K$138K$16K$16K
Other salaries and wagesLn 7$1.2M$1.0M$24K$179K
Other employee benefitsLn 9$114K$59K$9K$45K
Payroll taxesLn 10$137K$113K$3K$21K
Legal feesLn 11b$8K$6K$2K
Accounting feesLn 11c$52K$16K$36K
Other fees for servicesLn 11g$24K$24K$232$597
Advertising and promotionLn 12$10K$2K$7K
Office expensesLn 13$100K$53K$4K$43K
Information technologyLn 14$54K$28K$6K$20K
OccupancyLn 16$215K$194K$19K$1K
TravelLn 17$24K$24K
InterestLn 20$8K$7K$1K
Depreciation, depletion and amortizationLn 22$121K$106K$12K$3K
InsuranceLn 23$86K$78K$4K$4K
Other expenses (24a–d)Ln 24$9K$3K$2K$4K
Total functional expensesLn 25$2.6M$2.1M$138K$345K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $3.4M$2.6M$774K$4.8M 990 PDF
FY2024 $2.1M$2.4M−$347K$3.9M 990 PDF
FY2023 $2.7M$2.1M$601K$4.1M 990 PDF
FY2022 $2.1M$1.6M$497K$3.0M 990 PDF
FY2021 $2.0M$1.4M$615K$2.5M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $3,359,997 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,900,085$3,299,231
I-9 Program service revenuePrior year $149,107$57,052
I-10 Investment incomePrior year $44,266$44,379
I-11 Other revenuePrior year −$26,762−$40,665
I-12 Total revenuePrior year $2,066,696$3,359,997
I-13 Grants and similar amounts paidPrior year $197,497$206,070
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,655,031$1,669,320
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $560,895$710,910
I-18 Total expensesPrior year $2,413,423$2,586,300
I-19 Revenue less expensesPrior year −$346,727$773,697
Part VI · Governance 11 of 11 board members independent, no flags
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,359,997 across 10 lines filed
Lines not itemized here account for $312 of total revenue; see the IRS return.
VIII-1c Fundraising events$99,098
VIII-1e Government grants$116,071
VIII-1f All other contributions, gifts and grants$3,084,062
VIII-1g Noncash contributions (included above)$492,789
VIII-1h Total contributions, gifts and grants$3,299,231
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $57,052$57,052
VIII-3 Investment incomeExcluded from tax $44,826$44,826
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$447−$447
VIII-8 Net income from fundraising eventsExcluded from tax −$40,977−$40,977
VIII-12 Total revenueRelated to mission $57,052 · Unrelated business $0 · Excluded from tax $3,714$3,359,997
Part IX · Statement of functional expenses $2,586,300 across 17 lines filed
IX-2 Grants to domestic individualsPrograms $206,070$206,070
IX-5 Pay of current officers, directors and key staffPrograms $138,295 · Management $15,851 · Fundraising $15,851$169,997
IX-7 Other salaries and wagesPrograms $1,045,866 · Management $24,352 · Fundraising $178,751$1,248,969
IX-9 Other employee benefitsPrograms $59,479 · Management $8,725 · Fundraising $45,442$113,646
IX-10 Payroll taxesPrograms $112,814 · Management $2,926 · Fundraising $20,968$136,708
IX-11b Legal feesPrograms $6,342 · Management $1,586$7,928
IX-11c Accounting feesPrograms $15,600 · Management $36,400$52,000
IX-11g Other fees for servicesPrograms $23,518 · Management $232 · Fundraising $597$24,347
IX-12 Advertising and promotionPrograms $2,450 · Fundraising $7,134$9,584
IX-13 Office expensesPrograms $52,827 · Management $3,838 · Fundraising $43,224$99,889
IX-14 Information technologyPrograms $28,097 · Management $5,921 · Fundraising $20,377$54,395
IX-16 OccupancyPrograms $194,181 · Management $19,048 · Fundraising $1,375$214,604
IX-17 TravelPrograms $24,462$24,462
IX-20 InterestPrograms $6,628 · Management $1,015$7,643
IX-22 Depreciation, depletion and amortizationPrograms $105,653 · Management $12,369 · Fundraising $3,421$121,443
IX-23 InsurancePrograms $78,260 · Management $3,792 · Fundraising $3,620$85,672
IX-24 Other expenses (24a–d)Programs $3,299 · Management $1,703 · Fundraising $3,941$8,943
IX-25 Total functional expensesPrograms $2,103,841 · Management $137,758 · Fundraising $344,701$2,586,300
Part X · Balance sheet $7,830,710 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $350$350
X-2 Savings and temporary cash investmentsStart of year $776,948$1,118,876
X-3 Pledges and grants receivableStart of year $332,176$517,222
X-4 Accounts receivableStart of year $15,385$500
X-8 Inventories for sale or useStart of year $18,095$9,981
X-9 Prepaid expenses and deferred chargesStart of year $21,832$27,567
X-10c Land, buildings and equipment, netStart of year $1,521,019$4,685,351
X-11 Publicly traded securitiesStart of year $1,286,425$1,445,609
X-15 Other assetsStart of year $81,354$25,254
X-16 Total assetsStart of year $4,053,584$7,830,710
X-17 Accounts payable and accrued expensesStart of year $44,663$223,948
X-25 Other liabilitiesStart of year $77,733$22,502
X-26 Total liabilitiesStart of year $122,396$2,991,450
X-27 Net assets without donor restrictionsStart of year $2,400,529$1,308,751
X-28 Net assets with donor restrictionsStart of year $1,530,659$3,530,509
X-32 Total net assets or fund balancesStart of year $3,931,188$4,839,260
X-33 Total liabilities and net assetsStart of year $4,053,584$7,830,710
Part XI · Reconciliation of net assets $4,839,260 net assets at year end
XI-1 Total revenue$3,359,997
XI-2 Total expenses$2,586,300
XI-3 Revenue less expenses$773,697
XI-4 Net assets at start of year$3,931,188
XI-5 Net unrealized gains (losses) on investments$134,375
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,839,260

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.